NCDEX, NCDEX Live, NCDEX Tips and Trend For Today

Pepper April futures prices are expected to trade slightly lower on extended corrections. At spot front traders who were holding back earlier, are now selling their stock due to increased tax from 4% to 5% which is creating pressure on prices. However, arrivals at terminal market are still lower as traders from Tamil Nadu are directly buying from growers.

NCDEX Jeera:

Jeera April futures prices are expected to trade lower on back of rising supplies across the spot markets. Poor demand at domestic market might also weigh on prices. Bulk buyers and exporters both group are staying away from heavy buying due to continuous fall in prices. As per markets sources, arrivals at spot market of Unjha were reported around 38000 bags against 45,000 (1 bag=60Kg.)